New rural investment fund is leveraging NMTCs to deploy $45 million for health care, affordable energy and quality jobs
CHICAGO, June 5, 2025 /PRNewswire/ -- A new investment fund is set to fuel health care services, affordable electricity, and good jobs in rural and tribal areas, offering financing that helps address the multiplying impacts of poverty on the well-being of families and communities.The Morgan Stanley Rural NMTC Fund is leveraging federal New Markets Tax Credits (NMTCs) to invest $45 million in high-impact development projects. A collaboration between Morgan Stanley and Broadstreet Impact Services, the fund wi ...